How To Use Fibonacci Forex Trading, turn $2500 into $8700 in 45 days
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good work I have been making tonnes of money with fibbos
Paulwhiteshark 2 weeks ago
Hey! Have you tried the British Box Breakout (do a google search)? Ive heard some incredible things about it and my cooworker made insane amounts of pips.
sorif0111 2 months ago
Oh hello! Have you tried the British Box Breakout (just google it)? Ive heard some amazing things about it and my father got crazy amounts of pips.
Sayeed925 2 months ago
Total forex noob here; thanks for teaching me Fibs, can't wait till monday to try it out on my demo account!!
mumpump 2 months ago
excellentation and charts. Thank you.
DNAblues 4 months ago
@laton2010 Well, fibs are not meant to be used on their own, but they DO help when you're trying to guess where a market-swing is going to cap at.
And like the guy said, they're about 60-70% accurate, on their own.
If you couple them with a market-swing Indicator, like say... the Stochastic Oscillator, you can easily reach 80% success-rate.
If you want a good no-lag indicator, I personally recommend using ADX to spot price-shifts, and you might also wanna google T3 RSI for a better Stochastic.
neferiusnexus 1 year ago
Thank You!
You can not believe how long I have been looking for a good informative Video to properly explain the use of fibs in a Clear and Concise way.
All the other videos I found, the guy explaining either stuttered every three seconds or used way too much technical jargon than what was needed to explain.
So basically you can use them to spot retracements and/or set your take-profit target.
Simple.
neferiusnexus 1 year ago
@laton2010 so you dont use the fibo?
750nutcase 1 year ago
fibo does not work like the rest of indicators they lagg , fibonacci is inconstant, you may find 61.8% but thereis no garantee from that you will enter and make at least more profits than stop losses in a row. for this reason i am out of all of this videos strategies using indicators
laton2010 1 year ago